To whom can the Trainee disclose Cinch I.T.'s Trade Secrets, and what are the limitations on such disclosure?
Cinch_I_T Franchise · 2024 FDDAnswer from 2024 FDD Document
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- Trainee shall not disclose or permit the disclosure of Franchisor's Trade Secrets except to other employees of Franchisee and only to the limited extent necessary to train or assist other employees of Franchisee who have also signed Non-Disclosure, Non-Solicitation and Non-Competition Agreements or Confidentiality Agreements where appropriate as determined by Franchisor in the development or maintenance of Business using CINCH I.T. SYSTEM.
Source: Item 23 — RECEIPTS (FDD pages 60–269)
What This Means (2024 FDD)
According to Cinch I.T.'s 2024 Franchise Disclosure Document, a trainee can disclose Cinch I.T.'s trade secrets to other employees of the franchisee. However, this disclosure is limited. It must only be to the extent necessary to train or assist other employees of the franchisee.
Furthermore, these employees must have also signed Non-Disclosure, Non-Solicitation and Non-Competition Agreements or Confidentiality Agreements. The franchisor determines where these agreements are appropriate. This disclosure must also be in connection with the development or maintenance of business using the Cinch I.T. system.
This means that as a Cinch I.T. franchisee, you must ensure that all employees who have access to Cinch I.T.'s trade secrets have signed the appropriate agreements. This protects the Cinch I.T. system from unauthorized use or disclosure of confidential information. It also limits the trainee's ability to share trade secrets only to those who need to know and are bound by confidentiality agreements.